ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO) : revenue, balance sheet and financial ratios

ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO) is a French company founded 29 years ago, specialized in the sector Travaux de maçonnerie générale et gros œuvre de bâtiment. Based in BIGORNO (20252), this company of category PME shows in 2019 a revenue of 304 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO) (SIREN 410907372)
Indicator 2019 2018 2017 2016
Revenue 304 443 € 248 259 € 297 295 € 356 662 €
Net income 30 163 € -41 538 € 9 968 € -41 081 €
EBITDA 29 431 € -21 481 € 15 912 € -22 065 €
Net margin 9.9% -16.7% 3.4% -11.5%

Revenue and income statement

In 2019, ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO) achieves revenue of 304 k€. Revenue is declining over the period 2016-2019 (CAGR: -5.1%). Vs 2018, growth of +23% (248 k€ -> 304 k€). After deducting consumption (67 k€), gross margin stands at 238 k€, i.e. a rate of 78%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 29 k€, representing 9.7% of revenue. Positive scissor effect: EBITDA margin improves by +18.3 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 30 k€, i.e. 9.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2019) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

304 443 €

Gross margin (2019) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

237 813 €

EBITDA (2019) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

29 431 €

EBIT (2019) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

27 965 €

Net income (2019) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

30 163 €

EBITDA margin (2019) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

9.7%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 8%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 70%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 12.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2019) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

8.329%

Financial autonomy (2019) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

69.873%

Cash flow / Revenue (2019) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

12.4%

Repayment capacity (2019) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.437

Asset age ratio (2019) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

19.8%

Solvency indicators evolution
ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO)

Sector positioning

Debt ratio
8.33 2019
2017
2018
2019
Q1: 0.7
Med: 14.09
Q3: 51.3
Good -15 pts over 3 years

In 2019, the debt ratio of ARTISANAT TRADITIONNEL ET... (8.33) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
69.87% 2019
2017
2018
2019
Q1: 7.98%
Med: 29.4%
Q3: 51.11%
Excellent

In 2019, the financial autonomy of ARTISANAT TRADITIONNEL ET... (69.9%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.44 years 2019
2017
2018
2019
Q1: 0.0 years
Med: 0.06 years
Q3: 0.95 years
Average -14 pts over 3 years

In 2019, the repayment capacity of ARTISANAT TRADITIONNEL ET... (0.44) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 371.02. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2019) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

371.018

Interest coverage (2019) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.0

Liquidity indicators evolution
ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO)

Sector positioning

Liquidity ratio
371.02 2019
2017
2018
2019
Q1: 126.5
Med: 177.01
Q3: 271.3
Excellent

In 2019, the liquidity ratio of ARTISANAT TRADITIONNEL ET... (371.02) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.0x 2019
2017
2018
2019
Q1: 0.0x
Med: 0.14x
Q3: 2.07x
Average -50 pts over 3 years

In 2019, the interest coverage of ARTISANAT TRADITIONNEL ET... (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 98 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. The gap of 49 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 20 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 95 days of revenue, i.e. 80 k€ to permanently finance. Notable WCR improvement over the period (-57%), freeing up cash.

Operating WCR (2019) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

80 473 €

Customer credit (2019) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

98 j

Supplier credit (2019) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

49 j

Inventory turnover (2019) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

20 j

WCR in days of revenue (2019) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

95 j

WCR and payment terms evolution
ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO)

Positioning of ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO) in its sector

Comparison with sector Travaux de maçonnerie générale et gros œuvre de bâtiment

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (27 transactions). This range of 39 780€ to 132 001€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2019
Indicative
39k€ 67k€ 132k€
67 200 € Range: 39 780€ - 132 001€
NAF 5 année 2019

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 27 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Travaux de maçonnerie générale et gros œuvre de bâtiment)

Compare ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO) with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de maçonnerie générale et gros œuvre de bâtiment

Frequently asked questions about ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO)

What is the revenue of ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO) ?

The revenue of ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO) in 2019 is 304 k€.

Is ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO) profitable?

Yes, ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO) generated a net profit of 30 k€ in 2019.

Where is the headquarters of ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO) ?

The headquarters of ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO) is located in BIGORNO (20252).

Where to find the tax return of ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO) ?

The tax return of ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO) is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO) operate?

ARTISANAT TRADITIONNEL ET CONSTRUCTION (ARTRACO) operates in the sector Travaux de maçonnerie générale et gros œuvre de bâtiment (NAF code 43.99C). See the 'Sector positioning' section above to compare the company with its competitors.